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20121202
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English 61
Search Results 0 to 49 of about 61 (some duplicates have been removed)
PBS
Dec 7, 2012 4:30pm PST
the economy. the central bank is widely expected to announce an extension of its bond buying program when it meets next week. erika miller, "n.b.r.," new york. >> tom: with the fiscal cliff about three weeks away, washington hasn't made much progress to avoid it. that was the assessment from one of those directly involved: house speaker john boehner. the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington's got a spending problem, not a revenue problem. >> tom: congress and the president have 24 days to reach a deal, before the fiscal
CNN
Dec 7, 2012 2:00am EST
and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting point? "outfront" republican congressman james lankford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. appreciate you're taking the time. what about this idea of racing taxes on everyone? the math works much better. >> i heard your lead in when you said this is a new idea. actually, it's not a new idea, there are several democrats who have floated that for a while. the code word is we want to go back to the clinton tax rates and talk about the clinton economy that we had a much more vigorous economy and growth and we should go back to the clinton tax rates. what that really means is all tax rates on all americans go back up because the tax rates were brought down in 2001 and 2003. i don't support that. i don't think that's a great idea. it would slow down the economy. >> when you look at economist's evaluations, it would slow d
CSPAN
Dec 7, 2012 2:00pm EST
to the fiscal cliff that is threatening our economy and jobs the white house has wastde another week. secretary gitener came here to offer a plan that had twice the tax hikes that the president campaigned on and had more stimulus spending thanned the in cuts. and an indefinite increase in the debt limit like for ever. now four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there has been no count offer from the white house. instead reports indicate that the president has adopted a deliberate stradgeji to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington has got a spending problem, not a revenue problem. if the president doesn't agree with our proposal, i believe he's got an obligation to families and small businesses to offer a plan of his own, a plan th
CSPAN
Dec 9, 2012 10:30am EST
it in a smart way that keeps our economy growing. earlier this year, congress extended the payroll tax cut through 2012. the two percentage point payroll tax cut has played an important role to sustain the recovery. boosting economic growth by an estimated 0.5% of one percentage point, and creating 400,000 jobs. we should continue the payroll tax cut through 2013, and yesterday i introduce legislation that would keep the employee payroll tax at 4.2% next year. to keep the economy growing -- there is good evidence of that in the last couple of months? job growth of about 511,000. to keep that momentum going, we should provide tax credits to small businesses. my legislation includes such an incentive for small businesses to grow. i am confident that congress will again be successful in reaching a compromise in the days ahead. i look forward to hearing today from the experts that we have before us today on how to reduce the deficit while protecting middle income families. as we enter the holiday season, americans should not have to face the uncertainty that many will face with regard to their
CSPAN
Dec 6, 2012 8:00pm EST
. with just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own party will even vote for. he is not interested in a balanced agreement, not particularly interested in avoiding the fiscal cliff, and clearly not interested at all in cutting any spending. with the president is really in, as we learned just yesterday, is getting as much taxpayer money as he can, first by raising taxes on small businesses who he believes are making too much money, and then on everybody else. not so he can lower the debt or the deficit, but so he can spend to his heart's content. for months, the president has been saying that all he wanted to raise taxes on the top 2% so he can tackle the debt and the deficit. however, yesterday, he finally revealed that that is not really is true intent. by demanding the power to raise the debt limit whenever he wants, by as much as he wants, he showed what he is really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. this is not about getting a handle on d
CNN
Dec 6, 2012 8:00pm PST
again and we had some growth in the economy, i don't think they would object to going back to the tax rates that were there when i was predz. >> with now break through today and the fiscal cliff negotiations, is this a starting point? "outfront" republican congressman james langford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. good to see you, sir. appreciate you taking the time. what about this idea of raising taxes on everyone? the math actually in this case is much more promising. it works much better. >> right. i heard your lead-in on it, and you said this is a new idea floated by howard dean. ints a new idea. several democrats have floated that a while. the code word is going back to the clinton tax rates and talk about the clinton economy and we should go back to the clinton tax rates. what that means is all tax rates on all americans go back up because the tax rates were brought down in 2001 and 2003. so it's not new, and no, i don't support that. i don't think that's a great idea at all. it will slow
CSPAN
Dec 5, 2012 8:00pm EST
will be blamed. remember, this is the obama era. it's going to go down as his economy. i ask people who was speaker of the house during the great depression when roosevelt was president. i'll give a hundred dollars to anyone who can name who the speaker of the house was in the critical first hundred days -- >> jim over there would know. >> henry thomas reigny. now, there's a name in the history books. point being, the speaker is an important player, this is significant, but it is obama's job to lead and define so if there's negative consequences here, particularly in the economy, it's going to be in the obama era, things didn't get fixed. who is it? the australian finance minister who says the united states is one budget deal away from being a great country. there's a lot of people in business who think we are poised to do some really good things in the global economy, the united states is, but if we can't untangle this mess, it's not going to happen. >> you know about the inner workings in the government more than any living person, every single administration of our lifetime. you've b
FOX News
Dec 2, 2012 8:00am PST
like republicans want? >> here is what is at stake. economy is on the brink potentially of going to recession. that will have the worst impact on the deficit that anything will. we got to make sure that the economy continuebes to grow. that is the problem here. i know democrats have this blood lust to raise taxes on supposedly rich people, which are really small business people. but it is not going to do anything to grow the economy. here is what president obama needs. he has to make sure the economy grows. he will be a two-term jimmy carter if the economy goes back in recession and we can't pull ourselves out of this thing. >> eric: i heard you laugh, martin on the "two-term jimmy carter" line. >> he doesn't want to be a two-term george w. bush that took us in a steep recession. >> hey, you are the one with the bush tax cut. >> this can be worked out. everybody knows that. you can raise rates a point or two, that is not going to be end of the world. republicans understand that. let's get through with the fear we have had a couple of weeks of theater and let's get down to serious
CBS
Dec 8, 2012 6:00pm PST
this affecting the economy? the one sign we did see yesterday showed improvement. roe unemployment rate dipped to 7.7%, the lowest in four years. 146,000 jobs were created in spite of super storm sandy and the fiscal cliff threat. joining us now to talk more about that cliff is mark zandi, reief economist at moody's analytics. mark, is that threat credible? i guess we saw hiring last month, the stock market is hanging in there. what's the feeling on the part i thorporate america? bu well, you know, i think businesses feel like we're going deget a deal. they expect the president and house speaker boehner to come together and get this done. if they didn't, they'd be laying off workers, and as we can see by the data they are not doing nhat. eut they are cautious, and appropriately so. washington can botch this so gtey aren't very aggressive with their hiring. ehey pulled back on their pnvestment on their advertising. wey also realize tax rates are going up next year, so what they're doing is announcing special dividends and pulling dividends forward into this year because they realize that tax ra
PBS
Dec 4, 2012 4:30pm PST
is expecting, what would that meanor jobs in delaware, and also for your state's economy? >> well, across the country, i think this whole issue around taxes and around the fiscal cliff generally leads to something else, which is significant uncertainty. and whether it is delaware or whether it is any other state, one of the things that is most important to us is having business leaders have some kind of certainty about what the ground rules are going to be. not just for the next three months, by the way. but really for the next several years. they're more likely to invest, more likely to hire their next employee if they know what the game looks like. what the landscape looks like. and so as much as anything else, we think having that certainty, having that clarity on taxes and spending, is really important. >> susie: you said you are also very concerned about where growth is going to come from. did you discuss that with the president, won did he say, aside from tax increases and spending cuts? >> one of the things we specifically talked about was infrastructure. it didn't used to be that
FOX News
Dec 4, 2012 8:00am PST
are willing to make sure we don't go over this fiscal cliff but at the same time don't harm this economy. what has to happen here if the president shows a little leadership we are willing to stay in the room and stay here and we are willing to get this done. that's why you saw a proposal that is raoeubl reasonable that meets his criteria. >> reporter: steny hoyer said in the next few days we will see substantive movement in private to get this done. jenna: we'll continue to watch the play-by-play, mike, thank you. jon: right now we are continuing to await a speech by former president george w. bush, the speakers are taking to the podium there to get ready to introduce the former president. he is set to address a conference there in dallas, where he will spotlight the positive impact of immigration on u.s. economic growth. this as the g.o.p. looks to attract more hiss to the party. meantime mr. bush's father, former president george h.w. bush is spending another day in the hospital being treated for bronchitis and a lingering cough. we told you about that last week when we first found out that
CBS
Dec 9, 2012 8:30am PST
a very fragile economy and an emerging and helpful nation and you can't tax your way out of this baby. this is impossible. and when these people zero in-- as erskine said they zero in on taxes, taxes, taxes, we said you've got revenue one to four, three times spending cuts versus one of revenue, but you go into the code and like this one, you go to home mortgage interest deduction and the housing industry guys, all the lobbyists go nuts. we said, look, we're not going to take it away from you but it doesn't need to be a million buck on a second home. we said take it to 500,000, give everybody a 12.5% nonrefundable tax credit which helps the little guy. and they go, "oh, yeah, i guess that might work." everybody is in the game. this will be savagery, full-page ads, ladies, old charge, veterans, simpson-bowles are doing their tricks out there. hang on tight. it's going to be a real, real struggle. >> schieffer: let me just ask you, you caught a lot of people's attention, including ourselves last week, when you did this video on internet to try to get young people-- >> eskind, will you q
CNBC
Dec 4, 2012 2:00pm EST
get the sense, bill, that washington, d.c. has completely run out of ideas on how to grow the economy? >> i think they have. and i think economists have as well. we have been looking for the new canes for several years now. some suggest new spending, less spending. that basically has been fought out in euro land as well. to some extent, has been challenged because euro land is still in a recession. yeah, i think the world is basically in conflict between, you know, emerging and developed economies. the developed economies basically are old and basically levered ant developing economies are basically young and unlevered, without a consumpt n consumption-based economy. this clash of economies basically, mohammed al arian wrote a book three years ago, the title "when worldless collide," basically the worlds are colliding and difficult for policymakers to see how to resolve the situation. >> what san investor to make of all of this then, bill? what would you say your picks and pans to be able to still invest your money wisely? >> investors, if they are looking for growth and if they are
FOX News
Dec 6, 2012 8:00am PST
market, and by being perceived as generally sort of willing to play chicken with the economy doesn't sound like a brilliant political move to me. jon: you think that's all talk? >> i think it's a game of chicken, i really do. i think that the republicans would probably get a lot of blame in the beginning, and that's maybe what they are thinking of and they are trying to scare the republicans, but over the long term there is just no way this administration wants to go overt fisca over the fiscal cliff. whether they are willing to turn the wheel last it's possible, but the idea that they are vying with the idea strikes me as preposterous. jon: you write that the news media is essentially biased against republicans and any conservative idea that wins here is not going to gain a lot of favor, so is it a case in which republicans are sort ever dammed if they do, and dammed if they don't? >> that's sort of been the theme of the last four years is that republicans basically can't win. part of what i proposed in that column was basically the shouldl back position of basically adopting or p
CSPAN
Dec 9, 2012 2:00pm EST
.4 trillion a regional economy, the largest in the country and it makes up 11% of the gdp of the entire country. just over a month ago, hurricane sandy brought the system to its knees. we experienced at an unprecedented level of destruction. left in the storm's wake were eight flooded subway tunnels and two the vehicular tunnels. 12 subway stations with major damage, some of them absolutely destroyed. we had railyards and maintenance shops under water and damage. just as the superstore was unprecedented, so was the level are preparation. we would shut down the entire system for the second time in our 100 year history. as it turns out, our preparations would not and could not have protected our entire systems for of the full force of sandy's wrath. at the height of the storm surge, the governor and i met and what we saw was truly unbelievable. we watched more than 86 million gallons of sea water flood and rush into the two tubes of that tunnel. it once the hurricane passed, our top priority was to restore service as quickly and safely as possible. i have to say i simply could not be more
MSNBC
Dec 4, 2012 3:00am PST
of this country's economy. and actually, things are looking up, if you look at -- >> they're not saying that. >> -- the data. >> they're not saying that. i'm saying small business owners will be hurt. >> yeah. >> if you raise taxes. but -- we're talking about compromise. this is my view. you've got your view. you know what the answer is? >> yeah. >> getting together and talking saying, listen, this is what i can live with. you know what? 39.6% is offensive, even raising it 1 percentage point is offensive. why don't we do what warren buffett says and anybody that makes $1 million or more pays 30%, a minimum tax rate of 30%. and you raise the level up to $500,000 instead of $250,000 and i'll go ahead and reluctantly agree to raise the top rate to 37%. that's how deals are done, but you never get there if you don't have a president and congress -- >> but they can't do that now. >> why can't they do that? >> it's the centerpiece of their argument since the campaign and tim geithner on the sunday shows. they say there is no deal about raising taxes on the wealthy. >> and they're right. the matter
FOX News
Dec 2, 2012 1:00pm PST
billion slashed from domestic programs. an estimated 2 million jobs could be lost pushing the economy back into a recession adding to the misery to those facing tough times by ending jobless benefits for the long term unemployed. steve is live in washington. where do we stand at this point? >> reporter: two sides did do something today. they appeared on the sunday talk shows but they haven't negotiated an actual deal. john boehner blasted the white house plan which was put forward last week. boehner says the president essentially wasted the last three weeks since the election with nonsense. >> the president is asking for $1.6 trillion worth of new revenue over ten years, twice as much as he been asking for in public. stimulus spending that exceeded the amount of new cuts he was willing to consider. it was not a serious offer. >> reporter: and boehner says he was flabbergasted when he was given the proposal. >> heather: and democrats are defending themselves? >> treasury-secretary tim geithner on fox news defending the president's plan for raising revenues, cutting spending and reduce the d
FOX News
Dec 8, 2012 3:00am PST
in sight for the fiscal cliff hanger. >> when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another wee>> why speaker says the president's my way or the highway approach is getting us nowhere. >> the feds are borrowing nearly a billion dollars a day. so why is the white house saying reducing our debt not really the goal? >> thank you, eric, it's the most watched video on the internet of all time. he is set to perform for the president. gangnam style said about our soldiers a few years ago. that controversy kicking up this morning. "fox & friends" hour one begins right now. >> get out the coffee. wake up, everyone, thank you so much for waking up with tus, it is "fox & friends" on this saturday morning. dave bowling in for dave briggs. >> come in and do the show with us today. more filling in today than the regulars. we are glad to be on with you clayton. >> you are on an interesting morning because congress now just 23 days left, 23 days until we head off that flif. fiscal cliff. if you listened to speaker boehner yesterday he is reading reports th
MSNBC
Dec 7, 2012 7:00pm PST
to 7.7%. the economy added 146,000 jobs last month, and that is one reason why today john boehner kind of, sort of maybe entertained the idea of giving president obama what he wants on tax rates, at least rhetorically. >> even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion deficits for as far as the eye can see. listen, washington's got a spending problem, not a revenue problem. >> joining me now are richard wolffe, the executive editor of msnbc.com and an msnbc political analyst, and robert reich, former labor secretary and a professor at the university of california berkeley. he is also the author of "beyond outrage." richard, i want to go to you first here. the president talked quite a bit in the election cycle. >> quite a bit. >> he did, period, about the fever breaking amongst republicans in congress . >> yes. >> it's been quite feverish of late, which is to say a lot of back and forth, a lot of hot air blown from the house caucus. i wonder if you think that fever might be breaking with the suggestion john boehner said, eve
CSPAN
Dec 5, 2012 7:00am EST
. that would be good for stimulating the economy. but the big thing is hit there needs to be a balanced plan. we need more revenue and we need less spending at the federal level. what is good for california is not good for virginia and what's good for virginia is not good for maryland. maybe we need to focus on reducing the federal government overview. been there would not be as much spending or taxes needed. then let the states deal with the taxes they need to take care of their citizens. host: robert, milwaukee, democratic caller. caller: i would like to say that the republican party, not all of them, i think it's just the tea party, they are destroying the republican party. when i saw senator dole in his wheelchair yesterday and military disabled individuals throughout the world, when they did not pass the ada treaty, which was signed in 1990 by president george h. w. bush and then it continued on with president bush and clinton and everyone else thereafter, when they did that, now i understand they are just not the party that any of us would want to be involved with. that's all i have to
FOX News
Dec 8, 2012 1:00pm PST
. >> it is not going to help our economy, and it is not going to help those seeking work. i came out to put revenues on the table and to take a step toward the president to resolve this. when is he going take a step toward us? >>> welcome back and time for a quick check of the head loins. headlines. john mcafee is fighting deportation from guatemala to belize. he is wanted for questioning in the death of a neighbor. he became a millionaire after developing anti-virus software. >>> and former south african president nelson mandela is undergoing testing at a hospital. the 94-year-old hasn't made public appearances for years. >>> and a massive typhoon devastating the philippines has made a u-turn. the storm already killed nearly 600 people, and now it is threatening to mick a second land -- threatening to make a second landfall. greg? >>> president obama asking pong for tens -- asking for tens and billions of dollars. he is calling for $64 billion for hard-hit new york and nerming new jersey as well as other states. $37 billion for the victims, recovery and $13 billion in preventive measures in the eve
CSPAN
Dec 5, 2012 1:00pm EST
as anyone. i have sales for wal green's and cvs. that's tough to do in today's economy. $10,000. so that's why it's so interesting. look out here. of the -- almost 21 million tax returns filed, only 14 of them ended up having a tax associated with them, 425,000 were itemized. now i want you to think about that, mr. speaker. you know, most americans don't itemize on their taxes. they have the standard exemption, the standard deduction. most americans take that. even homeowners. of course, the mortgage interest deduction is the largest itemized deduction that most american families take followed by the charitable deduction. but most american families don't itemize at all. so you have to ask yourself, mr. speaker. who are the folks who are reporting under $10,000 a year in income who are doing all this itemizing? it's about 30-1. even down here among the richest of americans, mr. speaker, it's 1-1. 30-1. folks are gaming this tax code, gaming this tax code to participate not at all in the funding of our government. and when we get together here to try to think about how we take care of the
FOX News
Dec 4, 2012 1:00pm PST
economy. the benefit is that each year companies issue benefits for holding the stock and many companies including the most popular will do this and many more, before year's enbecause the dividend tax rate will go from 50 percent and possibly close to triple. so, it makes senator. next year we will have companies that have to pay dividends and pay them to individuals who are taxed at a high are rate. this does not solve a permanent role but a one time give to a shareholder at the end of the years pay less now opposed to more later and when we get to next year we are in an economy that is in a higher tax environment, companies will grow less well if that environment, association whatever cash they have, and they have available to pay out, will be taxed at a high are rate. >>neil: what do you make of the argument we had much higher dividend tax rates in the reagan administration, a good part of the clinton administration, and we did fine. >>guest: it was great to be a world monopoly. a wonderful thing to have the expire world recovering from world war ii but that is not where we are. highe
WHUT
Dec 6, 2012 6:00pm EST
-interest of rich countries. if the big developing countries tried to grow their economies exactly how the u.s. and europe did, for example, then we are guaranteed a 6 degree world. essentially, are urging him to step up to the world that he says he wants, to be a climate champion. we just had a press conference where the leaders of the least developed countries, the head of the african group, and small island states, shared exactly our concerns. to be honest, their voices were breaking when they spoke to us about how desperate they are about the negotiations and are clearly putting the blame on rich countries, particularly the united states, as one of the culprits. >> samantha smith, you are a leader of wwf, the world wildlife fund. >> that is what we call it in the united states. >> the level of this conference is a c within another c. if they turn one of them around, it looks like the logo of comedy central. that is funny, but not so much in the context of this subject. the news you were reading about environmentalists and the dangers they face. >> as i was preparing to come to doha, i he
CNBC
Dec 3, 2012 1:00pm EST
communications. that is thomas rudd ledtledge. we'll get his take on the economy and the company's growth plan. a cnbc exclusive. >>> would you get a mortgage from that girl? no, from walmart. a lot of people say they would. what's that all about? we're going to run it down later on "power lunch." >>> we start with my partner sue herera in the center of the action downtown at the nyse. >> stocks are slightly lower right now despite those fiscal cliff anxieties. they've been pretty steady throughout the day. the s&p 500 broke above its 50-day moving average, believe it or not. earlier in the day it's backed off a little bit. economic news and new data shows u.s. manufacturing falling to its lowest level in three years. and there is a little nervousness about the president taking to twitter at 2:00 p.m. eastern time to talk about the fiscal cliff negotiations that are going on. but it is the first trading day of the month and some on wall street are getting bullish for year end. it is going to be a december to remember, i predict it. >> i think this is one of the reasons we're holding up so well
Current
Dec 7, 2012 6:00am PST
's not real, even though economies predicted an increase of 93,000 and the unemployment rate holding steady at 7.9. >> yeah. >> stephanie: they are saying unemployment -- employment continueings to be held back by thor fear that the government fails to prevent the fiscal cliff, basically. one those challenges are taken care of, we expect the pace of recovery and job growth to begin to accelerate neck year said one of the key economists. and republicans don't want that. that's the problem. election season never ends for them. they are probably thinking woe can't have the economy turn around because that sets joe biden or whatever up perfectly. mickey you are on the "stephanie miller show." >> caller: howdy. i just want to say a couple of things here that are very serious. the first thing is i'm a gay man in south dakota, and i work for a company -- i applied for in an ad in the paper here in my town where i live and there's a 90-day period that you have to work before you can get the job. so they worked me up to the 90th day and i was fired. and i asked why, and they said w
FOX News
Dec 4, 2012 4:00pm PST
that there is a lot at stake not just for the national economy but state by state. some of their budgets could take a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner have not spoken now in several days. so there is really no signs of progress. there has been some discussion that look that's just happening in public. behind closed doors maybe they are gaining some ground, i have spoken to some top white house officials tonight some top republicans on the hill they say in private they are not making progress either, shep. >> shepard: republicans say they have offered some compromises. >> they have in the sense that speaker boehner with his policy late yesterday put $100 billion in new tax revenue on the table. that was a concession by him but n
ABC
Dec 9, 2012 4:00am PST
and they're finally able to come to a deal. >> especially when you see the economy just recovering >> that's the thing. the question would be, how much harm will this do to the economy? i should say, once you see that prospect of everyone's taxes going up, i do think that no matter what, by mid-january at the latest, you will see that tax rate reinstated for most americans. >> psychological lit's causing damage. confidence drop as well because of what's going on in washington. george, thank you. >>> today on the show, we got a big show, george has two powerhouse roundtables. later this morning on "this week." >>> time now for a check of the weather with ginger dee. >> most the nation is snow-starved. overnight, we're getting our first big meal of snow that is. sacred heart, minnesota, picked over 4 inches, 4.5. these are preliminary numbers. because the snow is coming down hard. look at fargo. it's coming down an inch an hour. you know those totals are going to change and change quickly. look who's enjoying it. iowa, there, in briar cliff the kids saying, all right, it's time. one more ver
ABC
Dec 9, 2012 7:00am PST
burned. >> no question about it. >> especially when you see the economy just recovering. >> that's the thing. the question would be, how much harm will this do to the economy? if you have all of these spending cuts on every government program, on top of everyone's taxes going up, i should say, once you see that prospect of everyone's taxes going up, i do think that no matter what, by mid-january at the latest, you will see that tax cut reinstated for most americans. for the bottom 98%. good, good chances the taxes are going up on the wealthy. >> psychologically, it's causing damage. confidence drop as well because of what's going on in washington. george, thank you. >> thanks for cheering us up, george. we appreciate it. >>> today on the show, we got a big show, george has two powerhouse roundtables. later this morning on "this week." >>> time now for a check of the weather with ginger. >> most the nation is snow-starved. starting yesterday, overnight, into this morning, we're getting our first big meal of snow that is. you can look at some of the places that we have here. from m
CSPAN
Dec 3, 2012 11:00pm EST
for the next many years. the amazing work you did with all of us on fuel economy standards and enforcing the clean their act, which i just want to say unfortunately those two are not candidate dress. if they were here, i would address them. colleagues here and others stopped many who try to roll back the clean air act as it pertained to missions coming from utility and other polluters. i was critical because we want to be much more direct. i don't speak for anybody else on how we approach this. i just feel people have to understand that the promise that we made and we have initial studies show the progress we've made only because we fight so hard rolling back of my colleagues on the other side but the environmental writer after environmental writer. and if they don't see from superstore and sandy, the future if we just go along, i am very disturbed for our children and our grandchildren. i just want to thank you, senator whitehouse for your amazing leadership day after day. people don't know every time they see me. i so agree with you and with your determination. rhode island is very det
CBS
Dec 4, 2012 5:30pm PST
reduction instead of being pumped into the economy. heidi cherholts is an economist. >> it's less money for consumers to spend that means the demand for goods and services will drop. who provides goods and services? workers. so employment will fall. >> reporter: those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. with although mejia says that somewhere will mean doing without some of the basics. >> might be a pair of sneakers. might be that jacket that they want to go to school with in the winter. might be those pair of boots that they want to go and keep warm. >> reporter: for john mejia, the debate in washington is not about the federal budget it's about his family's. jim axelrod, cbs news, west new york, new jersey. >> pelley: well, a lot of families with tight budgets will be happy to hear this next story: the housing market is coming back. we got a report today that says home prices in october had their biggest gain in six years. up more than 6%. sales have been rising, too. we haven't seen news like this since the h
CBS
Dec 5, 2012 4:00am PST
of being pumped into the economy. heidi sherholtz is an economist. >> it's less money for consumers to spend, that means that the demand for business services will drop, who provides goods and services, workers, so employment will fall. >> reporter: those in favor allowing the tax cuts to expire argue money for social security payments has to come from somewhere. although john says that somewhere will mean doing without some of the basics. >> might be a pair of sneakers. >> reporter: might be a jacket. might be those pair of boots that they want to go there and keep warm. >> for john the debate in washington is not about the federal budget it's about his family's. jim axelrod, cbs news, west new york, new jersey. >> early this morning a tentative deal was reached to end the strike that shut down this nation's largest port complex. workers are expected to return to work this morning. clerks at the ports of los angeles and long beach, california had been on strike for eight days. the deal was reached hours after federal mediators entered the talk. the port handles a billion dollars wo
CSPAN
Dec 9, 2012 3:55pm EST
the mechanisms by which lower interest rates, while good for the economy overall, tend to have an adverse affect on the fund. my understanding is the review contemplates a low interest- rate environment. in that environment, the value of the fund is -$31 billion. are we in a low interest rate environment today? maintaining current policy a least three years or so should that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the review was done not today but at a point with economic projections in july, over the summer. it is accurate that interest rates have dropped further than were built into the primary, actuarial view. there are two factors to that. home prices have performed better than were used in the actuarial. it would be significantly better today just on that one variable. the second point is that the view is a point in time that assumes we do no further fha business. one of the things that is artificial about it is that, when interest rates go lower, it assumes people pay off faster. that is accurate. wht
CNN
Dec 4, 2012 9:00am PST
a significantly negative impact on the economy but we're not backing one particular plan or the other. >> let's take you overseas to syria where rebels have been gaining ground against government forces. rebels trapped 450 soldiers in side a sprawling military base. arwa damon has this exclusive look at the siege. >> reporter: close to aleppo rebels have a strange hold on a sprawling military base. there's a red gate next to a stonewall and then right behind it is the wall that is the outer perimeter of the military academy. it's less than 100 meters away, some 330 feet. we quickly move to another vantage point in a building next door. commanding the lions of aleppo battalion. it's clashes, he says, nonchalantly. he used to be a tailor. since the uprising began he's been wounded four times, and detained three. the rebels don't have binoculars. so he uses a camera to zoom into the base and show us government positions. you can see a sandbag fighting position on the roof of one of the buildings inside. fighting has been fierce but the rebels are confident they have the upper hand. he uses a poo
CSPAN
Dec 9, 2012 10:30am EST
and the world's economy went to their fleming funeral pyre, i realized that sullivan had not been getting in all. instead he had been writing prophecy. he disguised wisdom as wednesday . pell to include among his sure-fire ways not to get rich such as a maturing in anything with the word medieval and it or becoming a professional mandolin player, two of the most obvious ways of not becoming rich. first, leaving anything to anybody at any time. second from my perspective investing as i did your entire life savings in a retirement run by a yellow time warner. now, as well as contributing editor in the fallout of a sextet of books he is co-author along with his patient long-suffering wife suzanne f2 incredibly talented -- talented children. louise, sam as attending yale. a four year institution. let me begin our discussion by putting out, the american revolution here on dentistry. the bill and seas were a promising new gun family fled to england and ireland and 16th century. a branch of the family subsequently emigrated to new york where they became major landowners. their state included a place wh
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